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Here’s my prediction: in the not-too-distant future, circular economies – where the resources you use to create a product eventually return to the business to be reused or recycled – will be the norm. Businesses of tomorrow will look back at our sluggishness in making the switch and they will shake their heads in wonder.
But why has business been sluggish? After all, doing more with less, creating more value with fewer resources, has long been standard in business: you pursue profitable growth while also staying efficient with resources.
That’s just good business.
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DETROIT — General Motors’ sustainability approach enables the company to serve its customers and shareholders, increase operational efficiency, mitigate risk and improve the communities where it does business.
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The European PET Bottle Platform (EPBP) has given interim approval for the recyclability of polyethylenefuranoate (PEF), produced by Synvina C.V., Amsterdam, in the European bottle recycling market. Following EPBP’s assessment PEF bottles are expected to be disposable through existing recovery systems the same way as polyethylene terephthalate (PET), the conventional material for plastic bottles. The interim approval applies to a PEF market penetration of up to 2%.
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The Dow Chemical Company (NYSE: DOW) today released its 2016 Sustainability Report, laying a solid foundation with strong first-year results since announcing its 2025 Sustainability Goals. Prepared in accordance with the Global Reporting Initiative (GRI) Standards Comprehensive Option (GRI 102-54), GRI is the most widely used framework for sustainability reporting used globally by businesses, governments and other organizations. The report highlights the successes of Dow’s commitment to redefine the role of business at its intersection with society.
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PepsiCo has joined the New Plastics Economy initiative as a Core Partner, signaling the global food and beverage company's continued commitment to reduce packaging waste.
Led by the Ellen MacArthur Foundation, the New Plastics Economy is bringing together industry, government, NGOs, scientists, students and citizens to build a more sustainable global plastics value chain.
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Eastman Chemical Company, the world’s leading producer of cellulosic materials, introduces Eastman TRĒVATM, a breakthrough in engineering bioplastics that help global brands concurrently meet their sustainability and performance needs in today’s rapidly evolving marketplace.
“Eastman leveraged nearly 100 years of cellulosic expertise in the design and testing of TRĒVATM to meet the improved sustainability profile and performance needs of brands, fabricators, molders, and other companies across the value chain,” said Burt Capel, vice president and general manager of Eastman’s Specialty Plastics business unit. Capel formally introduced the innovation to media at the Chinaplas Plastics & Rubber Trade Fair taking place in Guangzhou, China.
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Transforming the global rubber and tire supply chain to create lasting, environmentally sound sustainable rubber production requires a collaborative approach. Through an industry-first commitment to sourcing sustainable natural rubber in its tires, General Motors is helping drive the industry toward net-zero deforestation and uphold human and labor rights.
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Consumer goods giant Unilever has unveiled new technology that enables plastic sachets to be recycled.
The technology has been developed in partnership with the Fraunhofer Institute for Process Engineering and Packaging IVV in Germany.
The process, known as CreaSolv, was inspired by a method used to recycle old television sets, whereby brominated flame-retardants were separated from WEEE polymers. Through this method, plastic is recovered from the sachet and reused in the manufacture of new sachets.
Unilever says that it will make the technology open source so that other members of the industry can help to scale up its use.
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At Target, our commitment to sustainability is how we help protect the planet, support our communities and invest in the future of our business. That means looking not only at the products we sell, but also the packages they come in.
“We know our guests pay attention to packaging and its impact on the environment,” says Jennifer Silberman, Target’s chief sustainability officer. “When we provide them with thoughtfully designed, environmentally friendly packaging, we’re able to help them take another step toward sustainable living.”
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This post was written by Yuji Suzuki, Manager of Japan Manufacturing Operations at Cisco. The original post can be found here.
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BATON ROUGE, LA, and GEISMAR, LA, April 6, 2017 – Louisiana State University (LSU) officials joined BASF executives in the public unveiling of the BASF Sustainable Living Laboratory on campus. The Lab, which is the first-of-its-kind at LSU and in the Southeast region, is an innovative space that promotes problem-based teaching and research focused on sustainable solutions to meet global challenges. As part of BASF's workforce development and science education efforts in the region, the Lab is the result of a $1 million donation BASF made to LSU Foundation and the College of Engineering first announced in 2014.
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On March 8th, the World Business Council for Sustainable Development (WBCSD) announced the first 10 recipients of the inaugural Leading Women Awards, developed to recognize outstanding female leaders within the WBCSD membership. The awards, which were announced on International Women’s Day, showcase the business leadership of women in WBCSD member companies who are working to contribute to the Sustainable Development Goals (SDGs).
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As You Sow has withdrawn a shareholder proposal with Target Corp. that asks the company to phase out use of polystyrene foam packaging in its e-commerce operations, as a result of the company’s willingness to work with its value chain and industry peers to discuss replacing foam with less harmful alternatives.
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Sealed Air Corporation (NYSE: SEE) announced February 17 that it has been recognized as the most admired company in its industry for the fourth consecutive year, according to Fortune Magazine’s annual survey published today.
The annual “Fortune Most Admired Companies” survey ranked Sealed Air first in the packaging and containers industry, including the top ranking in several of the evaluation categories, notably Innovation and Global Competitiveness.
THE NEXT ECONOMY -
A recent report by the Ellen MacArthur Foundation and a number of new initiatives sweeping Europe have highlighted the convincing business case for companies to adopt circular principles into their business models. The latest development on the path to a circular economy? A new project across the UK and the Netherlands called REBus.
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We’ve seen a rash of textile-recycling schemes emerge of late — in which the textiles in question may become new garments, but for the most part they remain, well, fabrics.
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On Monday, the Healthcare Plastics Recycling Council (HPRC) announced the completion of a multi-hospital plastics recycling project in Chicago, collaborating with the Plastics Industry Association (PLASTICS). Focused on non-infectious plastic packaging and products collected from clinical areas of the hospitals, the project sought to demonstrate a viable business model for recycling healthcare plastics on a regional level.
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Bangladesh is no longer one of the world’s poorest nations. Today, this emerging nation is steadily growing as one of the world’s leading apparel manufacturers. However, the country’s economic structure remains fragile due to its heavy dependence on textile exports and overseas remittances from emigrant workers, and the country’s manufacturing base and infrastructure require urgent improvement.
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Sealed Air Corporation (NYSE: SEE) today announced the launch of its StealthWrap™ ultra durable cartoning solution, a patented micro-layer, opaque cartoning alternative which allows primary package cartons to be protected for transit without the need for outer boxes or additional packaging materials.
The company also announced that XPO Logistics (NYSE: XPO), a leading global provider of transportation and supply chain solutions, will be the first to bring this innovative packaging solution to market in the logistics industry. XPO is deploying StealthWrap™ in several distribution centers where it fulfills and ships e-commerce orders for customers.